News Flash | Sea and Job

Double pricing of greenhouse gas emissions in shipping: Competitiveness, climate, and what to do about it

International shipping is the backbone of the global economy, accounting for about 80% of international trade (Vuillemey 2020). As the EU extends the application of its Emissions Trading System (EU ETS) to international shipping and the International Maritime...

MAWANI unveils Emirates Shipping Line’s new service

The new shipping route connects Jeddah Islamic Port to the ports of Jebel Ali in the UAE, Abqa in Jordan, and Sokhna in Egypt, with a capacity of 2,550 TEUs. According to MAWANI, the Jeddah Islamic Port has 62 multi-purpose berths, a logistics services area for...

‘Not Norway, India should follow Chinese model for shipping and ports’, says Naveen Kolathur at THE WEEK Maritime Conclave 2024

Norway has created a separate bank just to promote the shipping industry. Singapore also has a successful model. But India should follow neither, said Naveen Kolathur, Southern India Chamber of Commerce and Industry (SICCI) SCM’s co-chair, at THE WEEK Maritime...

Start-up SeaO₂ secures €2+ million investment to extract 1 gigaton of CO₂ out of the sea by 2045

Dutch startup SeaO₂, specialising in innovative carbon (CO₂) removal technology from seawater, announces receiving €2+ million in new investments. Utilising its breakthrough Direct Ocean Capture (DOC) technology, which efficiently extracts CO₂ from seawater, SeaO₂...

TORM plc capital increase in connection with delivery of one 2015-built MR vessel

With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM”) announced the acquisition of eight additional second-hand MR vessels, TORM plc has increased its share capital by 417,026 shares (corresponding to USD 4,170.26 as a...

Freight Investor Services launches enhanced FIS Live App V2

Freight Investor Services (FIS), a world-leading brokerage and service provider in freight and commodity derivatives, is excited to announce the launch of the second generation of its innovative FIS Live application. The FIS Live App V2 brings substantial...

Double pricing of greenhouse gas emissions in shipping: Competitiveness, climate, and what to do about it

MAWANI unveils Emirates Shipping Line’s new service

‘Not Norway, India should follow Chinese model for shipping and ports’, says Naveen Kolathur at THE WEEK Maritime Conclave 2024

Start-up SeaO₂ secures €2+ million investment to extract 1 gigaton of CO₂ out of the sea by 2045

TORM plc capital increase in connection with delivery of one 2015-built MR vessel

Freight Investor Services launches enhanced FIS Live App V2

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